The Washington Times

‘Fiscal cliff’ negotiations stall again on question of raising tax rates

The talks between President Obama and congressional Republicans to avoid looming tax hikes and steep spending cuts regressed Monday to the same old sticking point.

Joseph Malloy III, left, and John Dodds, right, with the Philadelphia Unemployment Project demonstrated as Sen. Bob Casey, D-Pa., center, speaks during a news conference at the 30th Street Station Monday, Nov. 26, 2012, in Philadelphia. Casey announce a planned Joint Economic Committee hearing on the impending "fiscal cliff" of massive tax hikes and spending cuts to take effect in January if Congress doesn't head them off. (AP Photo/Matt Rourke)

Joseph Malloy III, left, and John Dodds, right, with the Philadelphia Unemployment Project demonstrated as Sen. Bob Casey, D-Pa., center, speaks during a news conference at the 30th Street Station Monday, Nov. 26, 2012, in Philadelphia. Casey announce a planned Joint Economic Committee hearing on the impending "fiscal cliff" of massive tax hikes and spending cuts to take effect in January if Congress doesn't head them off. (AP Photo/Matt Rourke)

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